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Business incubation at Purdue Research Parks
The Purdue Research Parks’ first business incubator, the Purdue Technology Centers of West Lafayette, has a reputation for graduating high-quality, stable and successful companies. More importantly, even after its client firms leave the incubator, they tend to stay near their “roots” and continue to grow. The West Lafayette-based Purdue Research Park alone has incubation to thank for 702 new jobs with an overall increase in payroll of more than $36 million from 2003-2007. With the goal of accelerating business growth, this Purdue Research Foundation-developed incubation model is expanding across the state and, in 2008, its conduit of incubators will include:
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Purdue Technology Centers of West Lafayette – 130,645 square feet of incubation space; 113,000 square feet of projected incubation space |
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Purdue Technology Center of Northwest
Indiana – 48,000 square feet of incubation space; 12,000 square feet of projected incubation space |
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Purdue Technology Center of Southeast Indiana –
18,000 square feet of incubation space |
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Purdue Technology Center of Indianapolis – 55,000 square feet of projected incubation space |
Upon completion of these facilities, the Purdue Research Parks will have a statewide network of technology-based business incubators designed to create a dynamic entrepreneurial business environment, to attract high-technology companies and to launch new startups.
For more information, contact: John Hanak, Statewide Director, Purdue Technology Centers, phone (219) 644-3688 or email jmhanak@prf.org.
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